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Mergers & Acquisitions

Jan. 9, 2013

Covington & Burling, Wilson Sonsini start health care conference with a purchase

Covington & Burling LLP and Wilson Sonsini Goodrich & Rosati PC advised in a life sciences purchase that kicked off the J.P. Morgan Health Care Conference in San Francisco.


By David Ruiz


Daily Journal Staff Writer


Covington & Burling LLP advised San Diego-based medical company Illumina Inc. in its intent to acquire Redwood City-based Verinata Health Inc. for up to $450 million, Illumina announced Monday.


Illumina will pay $350 million for the acquisition with an option to pay an additional $100 million pending milestone achievements, according to a company news release.


The timing of the announcem...

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